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City of Joburg hit with R3.6bn funding freeze as Treasury cracks down on 69 municipalities
The National Treasury has temporarily withheld R13.5 billion in equitable share allocations from 69 municipalities nationwide, including R3.6 billion due to the City of Johannesburg, over ongoing breaches of financial laws and non-payment to creditors.
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iol.co.za
BREAKING | Treasury suspends July funding to 69 municipalities over financial mismanagement
National Treasury has moved to suspend equitable share payments to 69 municipalities in a bid to enforce fiscal discipline, saying repeated non-compliance with the Municipal…
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National Treasury withholds fund transfers to municipalities due to financial mismanagement
National Treasury's decision to withhold July 2026 equitable share transfers to 60 municipalities highlights ongoing financial mismanagement and compliance failures across South…
